Vishal Nirmiti IPO — GMP Today, Price Band, Dates & Listing
Vishal Nirmiti IPO (NSE: VNL) opened on 30 Sep 2026 and closed on 5 Oct 2026 on NSE. Price band Rs 208–220, lot size 68 shares (minimum application Rs 14,960, one lot at the upper band). Listed on 8 Oct 2026 at -7.16% over the issue price on day one.
Vishal Nirmiti IPO details
| Status | Listed |
| Open date | 30 Sep 2026 |
| Close date | 5 Oct 2026 |
| Price band | Rs 208–220 |
| Lot size | 68 shares |
| Minimum investment | Rs 14,960 (one lot at the upper band) |
| Face value | Rs. 10 per Equity Share |
| Issue type | Book Building |
| Issue size (NSE summary) | Initial Public Offering comprising fresh issue aggregating up to Rs. 14500 lakhs and offer for sale up to 15,00,000 Equity Shares |
| Listing date | 8 Oct 2026 (listed) |
| Exchange | NSE |
| Lead managers | Saffron Capital Advisors Private Limited |
| Registrar | MUFG Intime India Private Limited |
| NSE symbol | VNL |
| Prospectus | Red herring prospectus (NSE archive, zip) |
Face value, lot, issue type, issue size, lead managers and registrar are as filed on NSE's IPO detail page (VNL). Page data as of 10 Oct 2026.
Subscribed 1.18x on NSE (NSE + BSE combined 1.71x) as of 5 Oct 2026, 19:00 IST (NSE). Category and day-wise breakdown.
Key dates
| Issue opens | 30 Sep 2026 |
| Issue closes | 5 Oct 2026 |
| Basis of allotment | 6 Oct 2026 (expected, T+1) |
| Refunds / demat credit | 7 Oct 2026 (expected, T+2) |
| Listing | 8 Oct 2026 (listed) on NSE |
Post-close dates follow SEBI's T+3 listing timeline counted in working days from the close; registrar and exchange notices are final.
Vishal Nirmiti GMP history
| Date | GMP | Trend | Est. gain |
|---|---|---|---|
| 8 Oct | Rs 2.00 | — | 0.91% |
| 7 Oct | Rs 2.00 | — | 0.91% |
| 6 Oct | Rs 2.00 | ▼ | 0.91% |
| 1 Oct | Rs 35.00 | ▲ | 15.91% |
| 30 Sep | Rs 6.00 | ▲ | 2.73% |
| 29 Sep | Rs 2.00 | — | 0.91% |
Grey-market quotes as tracked daily from 29 Sep – 8 Oct 2026 (6 snapshots). Est. gain is GMP as a share of the upper price band. GMP is unofficial and unregulated; a rising trend is not a forecast.
Vishal Nirmiti listing performance
| Issue price | Rs 220.00 |
| Listed on | 2026-10-08 |
| Listing day open | Rs 215.00 |
| Listing day close | Rs 204.25 |
| Listing gain (close vs issue) | -7.16% |
| Latest close | Rs 194.04 |
| Return since issue | -11.80% |
Listing-day and latest prices from NSE end-of-day data (symbol VNL). Latest close as of 2026-10-09. Listing-day gain is measured within the listing week and is unaffected by corporate actions; return since issue is price-only, excludes dividends and is not adjusted for splits or bonuses.
What the GMP means for Vishal Nirmiti
Grey Market Premium (GMP) is the unofficial premium at which an IPO's shares change hands before listing. A positive GMP signals bullish pre-listing sentiment, but it is unregulated, volatile and routinely diverges from the actual listing price in both directions — treat it as a thermometer, never a forecast. Read our full What is GMP? guide for how the grey market works.
Apply, allotment and listing
- How to apply: step-by-step UPI/ASBA instructions in our IPO application guide.
- Allotment status: registrar link and the T+3 timeline on the Vishal Nirmiti allotment page.
- Compare with other issues: the full live board is on IPO GMP Today and the IPO Calendar.
- Need a demat account? see best brokers for IPO applications.
FAQs on Vishal Nirmiti IPO
What is Vishal Nirmiti IPO GMP today?
Vishal Nirmiti has listed, so its grey market premium no longer applies. The listing performance table on this page has the actual debut price and gain.
When did the Vishal Nirmiti IPO open and close?
Vishal Nirmiti's subscription window opened on 30 Sep 2026 and closed on 5 Oct 2026.
What is the Vishal Nirmiti IPO price band and lot size?
For Vishal Nirmiti, the price band is Rs 208–220 and one lot is 68 shares (minimum application Rs 14,960, one lot at the upper band).
Who is the registrar for the Vishal Nirmiti IPO?
The registrar to the Vishal Nirmiti IPO is MUFG Intime India Private Limited (as filed on NSE). Allotment status is checked on the registrar's website once the basis of allotment is finalised — the link is on our Vishal Nirmiti allotment status page.
How did Vishal Nirmiti perform on listing day?
Vishal Nirmiti listed on 8 Oct 2026 and closed its first day at Rs 204.25, -7.16% against the issue price (NSE end-of-day data).